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China examines deals gone awry to gauge banking risks

Bloomberg China’s banking regulator, which has asked local lenders to provide loan information on the country’s top deal-making companies, is examining examples of acquisitions gone awry by those firms to assess potential risks to the financial sector, people familiar with the matter said. The China Banking Regulatory Commission (CBRC) is seeking to gauge how much risk Chinese banks face by ...

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Aeroflot to sign $8.7 billion Airbus A350 order for 28 jets

Bloomberg Aeroflot PJSC is targeting a deal for 28 Airbus SE A350 jets by the end of this year, double an initial outline agreement, as Russia’s biggest airline pushes expansion plans buoyed by a recovering economy. The board authorized the purchase of a second tranche of 14 A350-900s last month, but final terms including cabin configuration, delivery slots and pricing ...

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Emirates to use face scanners to cut waits

Bloomberg Emirates is introducing facial recognition technology to shorten passengers’ waits at immigration and check-in counters, a move that comes as the U.S. revives a ban that could complicate air travel from the Middle East. Passengers will be able to upload biometric details such as ‘selfies’ to their smartphones, and use the data to scan through boarding gates and other ...

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